Question: Over the last several decades improvements in computer software, hardware and robotics have dramatically altered the ability of machines to do complex repetitive tasks. a.Discuss
Over the last several decades improvements in computer software, hardware and robotics have dramatically altered the ability of machines to do complex repetitive tasks.
a.Discuss the implications for semi-skilled skilled workersas a result ofthis improvement.
b.Discuss how the cost of the new technology influences the choice of inputs used in productionand the rate of adoption of the new technology.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
